The Euro strengthened
against the dollar, slightly tertopang by expectations that the central
bank would take action to prevent the collapse of the post-election
important in Greece on Sunday. The price of gold
rises as investors piling position on gold as a tool of patronage in the
midst of economic uncertainty ahead of the elections in Greece at the
weekend.
Oil
prices lifted up by hartapan the election will not result in discharge
of Greece Greece from the euro zone, while US economic data that further
limit the gains. The US stock market closed on a
high level session, driven up by reports that the central bank is ready
to provide liquidity post-election Greece on Sunday and in the middle
of the Fed's expectations rise step given the poor economic data lately.
Economic
Data today is HPI of Rightmove United Kingdom, new motor vehicle sales
from Australia, monthly reports of the BOJ, the NAHB housing market
index of u.s., the G20 countries meeting.
EUR/USD closing 1.2639, high 1.2664, low 1.2590 XAUUSD, C:1625.10, H:1633.95, L:1620.15, CO-S c: 84.18, H: L: 83.42 84.80. Dow C: 12710, H: 12723, L: 12592.
Posted in: Market Review of U.S June 18 2012